Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Driftwood Estates

420 E Fairlane Dr, Rapid City, SD, 57701

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Driftwood Estates offers 59 low-income housing units in Rapid City, South Dakota, serving families with a mix of 40 two-bedroom and 19 three-bedroom apartments. The property has been in service since 2006 and is owned and operated by a non-profit organization.

Waitlist Information

Waitlist managed by Pennington County Housing and Redevelopment Commission

Public Housing Waitlist
Open
Apply: Online

Applications can be completed online. Once the application process is complete, you will be placed on the Waiting List. Income guidelines are provided.

Last verified February 17, 2026
Section 8 (HCV) Waitlist
Open
Apply: Online

Individuals can view estimated wait times by clicking a provided link. Income limits are provided for Pennington County, City of Martin, and Fall River County, effective 04/01/2025.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
59
2 Bedroom
40
3 Bedroom
19

HUD Inspection Score

84
Good
Inspected June 2019

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

Fair Market Rent - Pennington County, SD

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$788
1 Bedroom$886
2 Bedroom$1,163
3 Bedroom$1,592
4 Bedroom$1,781

Income Limits - Pennington County, SD

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$16,050
Very Low (50%)
$26,750
Low (80%)
$42,750
2 Persons
Extremely Low (30%)
$18,350
Very Low (50%)
$30,550
Low (80%)
$48,850
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$34,350
Low (80%)
$54,950
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$38,150
Low (80%)
$61,050
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$41,250
Low (80%)
$65,950
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$44,300
Low (80%)
$70,850
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$47,350
Low (80%)
$75,750
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$50,400
Low (80%)
$80,600

Tax Credit Program Details

Year Placed in Service
2006
LIHTC Credit Type
3
Low-Income Units
59 / 59
Target Population
Families
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Rapid City, SD?+

The Fair Market Rent (FMR) for Pennington County, SD is: $788 (Studio), $886 (1BR), $1163 (2BR), $1592 (3BR), $1781 (4BR). Actual rent at subsidized properties like Driftwood Estates is typically 30% of household income or less.

What size apartments are available at Driftwood Estates?+

Driftwood Estates offers the following unit types: 40 Two-Bedroom, 19 Three-Bedroom units, for a total of 59 units.

What are the income limits for affordable housing in Pennington County, SD?+

For a 4-person household in Pennington County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.

What is the price range for apartments in Rapid City, SD?+

Based on Fair Market Rent for Pennington County, the estimated price range is: 2-bedroom: $1163, 3-bedroom: $1592. Actual rent at Driftwood Estates may be lower for income-eligible households.

Who manages Driftwood Estates?+

Driftwood Estates is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Driftwood Estates?+

Driftwood Estates is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who is eligible to live at Driftwood Estates?+

Driftwood Estates primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the HUD inspection score for Driftwood Estates?+

Driftwood Estates has a HUD inspection score of 84 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

Is there a waitlist for Driftwood Estates?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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Walk Score

Car-Dependent

37
Walk
34
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Pennington County, SD

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Housing Resources in Rapid City, SD

HUD-Approved Counseling Agencies

BLACK HILLS CHILDREN'S RANCH, INC. - PIONEER CREDIT COUNSELING

Mortgage Delinquency and Default Resolution CounselingFinancial Management/Budget CounselingFinancial

CONSUMER CREDIT COUNSELING SERVICE OF THE BLACK HILLS

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops